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Trading signal Broadridge Financial Solutions Inc - BR

US Stock Price Signals and Analysis

Good Morning Traders,

With yesterday's close, November 02,  Lift-Off proposes a SHORT trading signal on the US stock Broadridge Financial Solutions Inc (Ticker: BR) listed on the NYSE and part of the S&P500 Index.

The stock is set to close at $137.73 per share, marking -7.93%.

The company operates in the "Technology Services" industry specifically in the "Information Technology Services Industry"

Financial robustness figures are insufficient, Cash-To-Debt figure is 0.06, WACC vs ROIC is just sufficient with ROIC higher than WACC, but and down over the last 3 years. The financial stress indicators are negative.

The profitability level data is the worst in the last 10 years, but it is good when compared to the data of companies in the same industry, the ROIC however is low, 8.18%.

The 3-year future projection is very good seen on the upside.

Right now the price is undervalued compared to the intrinsic value attributed to it, watch out and the PE Ratio remains high at 30.27.

Year-on-year sales are up, as is net income, also good quarter-on-quarter which recovered sales after the decline in Q3'21, but with the latest quarterly reports released yesterday Nov. 2 it is reporting declining sales, although higher than expected, making EPS

Debt is down a lot year-on-year  slightly down and cash is also down quarter-on-quarter.

Insiders, i.e., company executives who are required to report their transactions made on the company they work for, are bearish.

Next earnings disclosure for Q2 2023: January 9, 2023 
Q1 2023 earnings

EPS: Reported 1.05 / Expected 1.00 

Turnover: Reported 21.45B / Forecast 21.98B

Below chart of Broadridge Financial Solutions Inc - BR- with signal detected by Lift-Off 

Some information about Broadridge Financial Solutions Inc

Broadridge Financial Solutions Inc engages in providing investor communications and technology solutions to banks, broker-dealers, mutual funds and corporate issuers. 

Operating through The Investor Communication Solutions offers services for broker-dealer investor communications, client communications, corporate issuer, advisory solutions, and mutual fund and pension solutions, the Global Technology and Operations includes middle and back-office securities processing solutions, automation services, and business process outsourcing services.

The company was founded in 1962 and is headquartered in Lake Success, New York.

Financial Overview: BR's current market capitalization is US$17.6B. The next earnings release date for Broadridge Financial Solutions, Inc is Feb. 9. The estimate is $0.93 USD.

Accounts, including revenue, expenses, profit and loss: BR's total revenue for the latest quarter is 1.28B USD, down 26.44% from the previous quarter. Net income in Q1 23 is 50.40M USD.

Overview data and accounts source: Tradingview.com

Signal Board of November 02, 2022

SHORT - Broadridge Financial Solutions Inc - BR

Input price: 137.73 USD (and any opening price)

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